News

Former Rathbone High Income fund manager Hugh Yarrow will manage Wise Investment's new Evenlode Income vehicle.

Former New Star managing director of UK retail sales Simon Hillenbrand has joined Henderson as the group restructures its distribution team.

Emerging markets across Europe are reaping the benefits of recent stimulus injections and low personal debt to stay strong in the face of recessionary pressures, the Baring Emerging Europe trust says.

Blue Sky has launched an ‘absolute return' plan offering a potential payout of 75% at the end of its six-year term.

Neptune Investment Management has launched another global product for founder and managing director Robin Geffen, the Mature Markets fund.

Octopus Investments has unveiled a new suite of four multi-manager funds, launched as standalone vehicles and as the building blocks for its new risk-based discretionary service.

London shares rose slightly in early trading, with markets still affected by weaker than expected US jobs data.

The FTSE 100 has fallen below the 5,000 point barrier for the first time since 10 September.

OBSR has suspended the A rating of the Gartmore UK focus fund after the company announced plans to hand over its management to Leigh Himsworth, who joined as head of equities on Monday.

The £60m F&C US Smaller Companies investment trust beat its benchmark by nearly 20% over the year to 30 June.